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they're in any danger. this volcano last erupted in september. >> new technology is boosting u.s. oil production. we'll take you to a boomtown flush with cash. that story is next. me#> >> glor: with just a few days to go, 2012 will likely set a record high for gas prices. a.a.a. says the average was $3.61 a gallon nationwide this year. that is ten cents more than in 2011. that surge in prices came even though oil production is booming in this country. the u.s. is forecast to overtake saudi arabia as the world's largest oil producer by 2020. ben tracy visited one of america's new boomtowns. >> reporter: in the middle of a colorado cornfield, sandwiched between cattle and farmhouses, is the front line of an american oil boom. >> we plan to invest over $8 billion over the next five years here, so we're extremely excited. >> reporter: mike dickinson works for noble energy, which is doubling its production in weld county. this oil field stretches from colorado into wyoming. in 2008, it produced 83,000 barrels of oil, yet this year it is expected to reach nearly ten million barrels. how dif
the sleep number bed. a bed with dual-air technology that allows you to adjust to the support your body needs. and the only place you'll find the sleep number year-end event. save 50% on the final closeout of our silver limited edition bed. plus, through new year's day, special financing on selected beds. in the name of human individuality: the sleep number collection. and the sleep number year-end event. exclusively at one of our 400 sleep number stores nationwide, where queen mattresses start at just $699. sleep number. comfort individualized. >> our coverage of the fiscal cliff continues moments away. other news making headlines and breaking at this hour. we've learned about five people killed in a charter bus crash on an icy interstate in oregon. these weather systems are something that we have been watching tonight. state police are telling us that 20 others were injured when the vehicle crashed through a guardrail and traveled down an embankment. some of the injured taken to local hospitals while others were treated there and there will be an investigation and we'll bring you pic
, advances in technology, a whole host of technologies, gave government officials the power to invade individual privacy in a whole host of new ways. new ways, mr. president, that the founding fathers never dreamed of, and all through those days the congress and the courts struggled to keep up. time and time again, congress and the courts were most successful when they returned to the fundamental principles of the fourth amendment. and it's striking, mr. president, if you look at a lot of the debates that we're having today about the internet and the presiding officer has had a great interest in this, we've talked often about it, certainly the founding fathers could never have envisioned tweeting and twitter and the internet and all of these extraordinary, you know, technologies, but what we have seen as technology has continued to bring us this treasure trove of information, all of these spectacular opportunities, the founding fathers never envisioned, we saw that time and time again, that congress and the courts were most successful when they returned to the fundamental principles o
of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >>> so the american people are watching what we do here. obviously, their patience is already thinning. this is deja vu all over again. america wonders why it is that in this town, for some reason, you can't get stuff done in an organized timetable. >> when the president has to quote yogi berra, you know it's tough. that was president obama lamenting the state of affairs in washington, d.c. indeed, today's congress is on track to go down as the least productive congress since recordkeeping began. the 112th congress will come to a merciful end in early january. it has passed 219 bills that have actually been signed into law by president obama, according to the "huffington pos post". many of them insignificant measures l
no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. special coverage of the fiscal cliff negotiations. but we wanted to tell you, once again, secretary of state hillary clinton has been hospitalized. that being confirmed this hour by phillipe rhines at the state department. in the course of a follow-up exam today, secretary clinton's doctors discovered a blood clot formed stemming from the concussion she sustained several weeks ago. she's being treated with anti-coagulants at new york presbyterian hospital so they can monitor the medication over the next 48 hours. her doctors will continue to assess her condition, including other issues that may be associated with the concussion and then determine if further action is required. you may remember that she had a severe stomach virus and became severely dehydrated, and then we learned, in the middle of december, that after she canceled an overseas trip, that she had fainted and because of t
. first, he not only highlighted the technology improvements with his almost daily briefings, which that is where he got the nickname the bear. his nickname among the staff was storming norman for a reason. his nickname with the public was the bear. he was affable, but you could tell that the iron fist in a velvet glove guy who explained what was going on to the american people. he used precision weapons, videotapes, and a mission to convey that to the people. he was not only leading combat forces, but he was also explaining to the american people what his troops were doing and how they were doing it. it was a revelation for the american people to actually see this. there were some lessons learned from now. quite frankly, i think the american people may have gotten a little too much that the the technology was all magic. but the one thing that norman schwarzkopf made sure of is that the way he advertised his troops and people, it was a turning point for the nation. the goal for what the gulf war veterans were welcome back, it was a turning point for the nation as well. harris: very
is to technology. tracy: eight hours is essentially new york to key west. lori: i would go like every friday. a christmas outage left millions of users without users streaming netflix. shibani joshi with this christmas debacle next. tracy: washington cannot agree on a plan for the fiscal cliff. we go to the nation's capital after break. let's take a look at how the dollar is faring against foreign currencies as we head to break. ♪ with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. lori: the senate returns to washington tomorrow. with just five days to address the dreaded fiscal cliff. peter barnes is live in d.c. with the very latest. peter: everyone looking to leader harry reid and th
a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> we are right at the deadline. as a matter of fact, it looks like we will be here on new year's eve and possibly new year's day. they've already alerted us, members of the house, at the possibility of doing that. >> that was democratic congressman elija cummings with the government reform committee on our air just a couple of hours ago. he's made it clear at that time fiscal cliff deadline may not be met. joining me live to talk about scenarios ahead, former pennsylvania representative and 2010 senate candidate as well, joe sestak, always good to see you. >> good to see you, craig. >> right now ideas are being debated behind closed doors and you suggest we shouldn't be talking so much about a fiscal cliff, per se. we should be talking about a bunny slope. describe what you think should happen. >> the fiscal cliff means we're taking $700 billion out of the economy because of the tax increases and spending cu
. [applause] how would i advise a president who is not interested in nasa doing better technologies and doing exploration like it did in the 1960's? is that a better question? i was telling him that the public's has an expectation for this $18 billion, that you spend a large percentage of it, maybe even a large majority of it, on pure research. in other words, i want you to take my tax payer money and go out and try to do something that you may not be able to do. in fact, i call it research only if half the people think is impossible. if most of the people think it is possible, then you are doing development. you are not a research organization. if you took anybody out of nasa, out of engineering, i don't care if they were head of nasa or a secretary or a shop guy, when jfk got up and said 21 days after alan shepard made this little flight, that we are going to go to the moon before 1970, everybody jumped up and down. you know why? multi-year funding. wow, we are going to have jobs for nine years. yes, we can do it. this is cool. we will beat the russians. everybody was real excited. grab any
. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >>> our second story "outfront" tonight. guns in america. politicians promised the newtown massacre would champlt everything. but since it happened just two weeks ago today, 277 people in this country are dead because of gun violence. according to a tally compiled by "slate." americans are sending mixed messages where they stand. a new gallup poll shows 54% have a favorable opinion of the national rifle association which is adamant new gun laws are not the answer to stemming violence, down slightly from a year ago. on the other hand, a poll by "the washington post" and abc shows 52% of americans favor banning semiautomatic weapons, 59% support banning high-capacity clips. good to see you guys.
-tech suit bringing some real life miracles. the technology straight out of "iron man", that puts paralyzed people back on their feet. >> did you ever think you would be able to walk again? >> no. but in my mind i always told myself that i will. even with the doubts of the doctors sometimes. i still told myself that i will and my son kept reminding me. so i knew i would get back on my feet. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. jon: just in to "happening now", reports that big winter storm hitting the northeast is not just taking a toll on motorists. look at this. a packed jetliner in long island, new york, after it somehow skidded off the runway but not during landing. it was taxiing for takeoff. the tampa-bound flight was carrying 129 passengers when it somehow veered off the runway, exited th
celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. you can now give your car... that retro-look. next on cb >> glor: steve hartman now with a story of s extraordinary >>> steve hartman now with a story of a man going to extraordinary lengths to save his love "on the road." >>> reporter: larry swilling and his wife jimmie sue have been happily married 57 years. so happily, in fact, that larry has now come to realize the downside of loving someone so much you can't live without them. >> you know, i love her. >> reporter: you can't live without them. >> she's my heart. >> reporter: heart has never been an issue for these two
the director of the national security agency, general alexander, recently spoke at a large technology conference, and he said that with respect to communications from a good guy, which we obviously interpret as law-abiding americans and someone overseas, the head of the national security agency said, and i quote -- "requirements from the fisa court and the attorney general to minimize that to find procedures to protect the individual, the law-abiding americans' rights essentially mean, in the words of general alexander, nobody else can see it unless there is a crime that's been committed. so if people hear that answer to my colleague's question, which frankly general alexander responded to directly, they pretty much say that's what they were hoping to hear, that nobody is going to get access to their communications unless a crime has been committed. the only problem, i would say to my friend, is nor udall and i have found out that's not true. it's simply not true. the privacy protections provided by this minimization approach are not as strong as general alexander made them out to be,
at new technology. dr. seigel is in to tell us about a medical miracle. ♪ ♪ it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolving with beats audio. wireless charging activated. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find
of the technological and productivity innovations of dp. >> and raising their price target, domino's pizza continues its nice run that stock up more than 1%. back to you, simon. >>> meanwhile, of course a major storm hitting the east coast and affecting travel across the region. we will update own the storm's latest track after the break. >>> and still ahead hurricane the dollar has had a phenomenal run against the yen over the last three months. cot fiscal cliff derail the green back's rally? we are back in two. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their fam
. it was one of the space industry's top accomplishments and one of the top scientific and technological breakthroughs of 2012. some might say 2012 was washington versus the rest of us, stock markets, unemployment, house price all up as lawmakers failed to get their act together. here are the top stories that caught the attention of cnn correspondent christine romans and chief correspondent ali velshi. >> number 10, apple, the first year without steve jobs. they still invent things we didn't know we needed that we would buy faster than anything that's been sold in personal technology than ever before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's abil
with the advanced technology of adt starting at just $99 -- a savings of $300 plus 15% off accessories. but you must call before midnight january 2nd. more than a security system, adt can help let your family in from the cold even when you're away from home. adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. ♪ ♪ >> eric: welcome back, everybody. so this is one of our last shows of 2012. it's been a fantastic year. 2013 shaping up to be especially better for "the five." i predicted it. we will be number one. thoughts on the year that was and the year in front of us. >> it has been incredible. 2012 was such a busy an interesting news year. so many stories. outcomes we couldn't have predicted.
enforcement, they will tell you they need things like a national registry of gun sales tracing technology. so when crimes occur, they're able to trace them back. law enforcement says they need background checks and the nra has opposed a comprehensive background check policy. 80% of violent crimes come use -- using firearms, come from the sales of unlicensed users. such as gun shows. >> one of the things i found ironic is you found how we need a better data base system for the mentally ill. but no mention of the work that his organization has done to block as you say these data bases that would better track gun sales as well as do background checks. >> that's right. they have opposed the states cooperating with the federal system. a national registry of mentally ill. they have as i said opposed all of the tools that law enforcement has asked including extending background checks responsible for most of the guns sold and used in violent crimes. the second is this doozy that guns are for self-deference. when we know as basic silence and data that if you have a gun in your home, you're 22 more ti
, connecticut. and for those not as technologically savvy, danny halfly of kentucky proves there are more old-fashioned ways to show one's ignorance in 2012. halfly says there is nothing racist about this barack obama mannequin, holding a slice of watermelon. halfly put the display up around election day and doesn't plan on taking it down anytime soon. >> it's a mix of white collar suits with blue-collar clothes peeking out. >> i'd be a millionaire. >> and watermelon. >> i thought he might get hungry standing out here. >> reporter: danny halfly has seen many a person standing out here taking pictures with the president. >> that's my buddy. >> obama's your buddy? >> well, this is? he don't talk, he don't make no smart comments. >> "he don't talk, he don't make no smart comment." might as we say uppity. halfly claims he doesn't understand why the mannequin is considered racist. he also says it's his right to display the mannequin. >> the way i look at it, it's freedom of speech. >> freedom of speech, indeed. let's hear some more speech from social activist, reverend marcia dyson and marc morial
, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> we are approaching the bottom of the hour here on this sunday. a dry, cold day in the east after a winter blast this weekend. the storm dumped up to a foot of snow in parts of southern new england. we bring in meteorologist dylan drier. everyone wonders what new year's eve is going to be like. >> it's going to be cold. as we start off 2013, it's only in the 30s in the northeast. the areas that will see snow in the middle of the country, doesn't look like much. the storm system
could be anywhere, but investigators got lucky because there's a little-known technology built into that photo and it offered investigators a huge break. >> they didn't know that a photograph taken on an iphone and e-mailed to somebody else has gps coordinates on it? >> yeah. >> i didn't know that. >> we were quickly able to check the photograph and check the gps coordinates and then we know exactly where that photograph had been taken. >> investigators rushed to this location in jacksonville. >> how long after you looked at that photograph did you have agents headed to the scene where it was taken? >> minutes. >> but there was no one there. ♪ ♪ >> later that night the kidnappers called back and quinn's mother, again, at the urging of the fbi kept up a tough negotiating stance. >> i want quinn in my car. i'm just warning you. i'm not give young the money until you have quinn in the car. >> i'm telling you what to do. >> i'm telling you what i'm going to do. >> did that aggressive approach seem to work? >> i think so. i really think so. >> another ransom drop was planned. >>
of hamburger considerably or find a way to make a hamburger for less money and you are seeing technology that makes 360 hamburgers per hour that have no complaints about wages or walkouts. this is a brave new world we are assuring in with public policy, the surge of that would be there otherwise. >> this will not hurt mcdonald's workers, in new york unions are pushing to double the minimum wage for burger flippers to $15 an hour. there's a new machine that pays for itself in less than a year under that wage structure. >> that is right. $15 an hour is the demand in new york but not just mcdonald's and fast food. if you look elsewhere in the country, there are restaurant chains, cable service chains that experimented with technology that lets customers order and pay at the table with very little service required. whether it is $15 an hour in new york or building congress that would raise the wage for restaurant servers by 220% the changes will be the same and it will mean less service and more customer self service. dennis: i was reading some notes here, the federal minimum wage is up 40%
experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >>> here's this morning's key question. how will a failure in the fiscal cliff negotiations hit you at home? with you now is jean. let me give you my three economic indicators. >> okay. >> guinness, harp and bass don't count. >> i said three. those are four and five. the top three are, one, if you can find a space, parking space in a shopping mall. >> easy to do these days. >> two, grocery store lines. check out what kind of food people are buy. if they're buying high-end items in the grocery line. and three, lottery tickets and people ahead of you are buying lottery tickets, if they're buying a lot of $2 tickets it means we're in a funk. >> we're in a funk. the folks at bank rate did
is the technology and the other is the demand and fundraising. they spend so much time raising money and the do not have time to spend together. everything is different. nothing about the senate is better other than the influx of women. the fact that we have 20 now, which is a record, that makes a big difference. on the other hand, the hyper partisan senate is interesting. a number of people have said over time, boy, the senators must not like your book. they're fine with the book. they do not think much of the senate. [laughter] the frustration is the same as the public's. my sympathy extends to a certain point. have the power to change it. it does not have to be the way that it is. >> i want to go back to a point that he made. what they leave out, it was a tough race. they gave the vote count and everything else. kennedy started working for five years to make sure byrd never becomes majority leader. he interviews a number of people. he does not want to take byrd onto himself. he is looking for a person to take on. a lot of people are predicting humphrey's victory. he had tremendous support. i
the board. technology high as well, with apple leading the charge up by 2.8%. a lot of interesting moves below the surface in the markets. let's head down to john harwood in d.c. with the very latest. john? >> melissa, we're hearing signs of optimism about a potential deal. somewhere with an income tax threshold in the $400,000 to $500,000 range, not the $250,000 that president obama had been insisting on. although a source familiar with the talks told me a few minutes ago, if it goes between 400 and 500, democrats would get the full increase to 39.6. that is the clinton era rate, extension of unemployment benefits and increase in the estate tax. still the signs are that something is going to happen. in fact, bob corker, the senator from tennessee, was on with joe and i here from washington on "squawk box" and said there will be a deal, even if one that doesn't solve all of our long-term debt and deficit problems. here's bob corker. >> i do think there's going to be a resolve to this. the problem is, you know, we created this fiscal cliff to make some tough decisions. and none are going
. >> everything lives forever in technology. it does. >> it doesn't. >> it will be interesting to see on the next reading on users if users come back, because instagram denounced what they're going to do with the photos. >> it's amazing how one lawyer, one draft had such a big affect. >> exactly. >>> markets are set to decline sharply at the open. how do you prepare for today's session? we'll get the word from the street, that is next. and jim paulson tells us why he's expecting a 15 to 20% gain for the s&p 500 in 2013. looks like we're going to lose 10.5 on the s&p right at the open. more "squawk on the street," right ahead. p for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people
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to get down to job creation, economic growth, technology growth, international issues affecting our international security, this really needs to happen and it has to be bipartisan and i think we are moving in that direction right now. >> i'm going to make a final bet and prediction with you only because we are odd friends. i will bet you a gentleman's bet that the president wants the fiscal cliff and he will come back and give back the new tax increases and then there will be a huge fight over the debt ceiling and i don't see a path to any real compromise in the end. i think we are at a pretty large standstill in the country, governor. >> well, let's say we'll have a friendly bet, sean and as good friends let's keep it that way. i'm not going propose 10,000 bucks like mitt romney did. just a friendly bet. >> sean: you got to let it go. at some point. he lost the election. good to see you. thank you for being with us and happy new year to you. >> same to you, sean. >> sean: we break down senator dianne feinstein her proposed new weapons ban and some have to register their firearms an
designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >>> what does somebody need this for? the answer is there's no reason they need this except they want to kill. >> that was los angeles mayor antonio villaraigosa talking about one of the weapons acquired at his city's gun buyback program. los angeles just wrapped up its most successful gun buyback event to date. over 2,000 firearms were turned in. including 75 assault weapons. the program started in 2009, and guns are turned over in exchange for supermarket gift cards. the event is usually held in may, but the city moved the event up in response to the mass shooting at sandy hook elementary in connecticut. and while los angeles has had success in getting guns off the streets, across the country gun sales are up. gun shop own
cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> right now on capitol hill, senate democrats and republicans are working on a deal to avert the fiscal cliff, but time is running out. they now have less than 30 hours to work it out. if we do go over the fiscal cliff works are the winners and who loses? let's bring in bob frank en syndicated columnist. thanks for being back. if we go over the fiscal cliff works comes out on top? >> it sounds like the president does, after all, he's the won the election. the polls
of the retailers to invest first in terms of their technology with inat the greating online and stores and that's done very well for them. online last quarter was up 38%. >> wow. >> they're also working on the store experience. i think finally, they have the rack nordstrom off price channel. the off price channel has been one of the best performers over the past year. they have exposure there and they said they can double their store base in that off price channel. so i think you get a luxury player and an off price player merged and that's a winning combination for 2013. >> one of the notes we just put there it said they also have a partnership with top shop which could be a disrupter in the retail business. quick thought? >> they do. here in the u.k. top shop is killing it. best traffic in retail. top shop is dipping its toe into the u.s. market so everybody from the gap to fact fashion should watch out. they have a partnership with nordstrom. that's going to be a win. and, tyler, you can even get a tattoo or hair extensions. >> just what i wanted for the new year. >> it's coming your way. >>
in technology and education and really making sure we don't cut the necessary programs that can help us do that growth and so we have to make them a priority and perhaps deprioritize other spending areas we will be able to grow with the global economy . manufacturing has already come back to some degree i know that apple computers are actually moving a couple production facilities back to the united states from china. there's a real key is to make sure that we're continuing to invest in those types of investments and help us compete on a global scale. but we should also realize that it helps us when apple can produce their goods in china in a more cheap efficient manner than we could here because american consumers can get i pods and i phones on a much discounted basis from what it would be if we tried to do it all here. and so if we don't spend all that money on those i phones here that opens up a whole new industry of productivity. for instance, productivities is something people made a lot more off of in the united states than they would have if we manufactured the devices here so this
and initiatives that help shape education technology over the past generation. senator rockefeller, who was privileged to work with on so many issues, with doggedly determined to enact this benchmark initiative. in typical fashion, he was not going to take no for an answer which made us it perfect coauthors as i was equally determined. by working with members of both parties were willing to judge on the merits, we overcame the hurdles and the program was born. during the 2001 tax debate, senator blanche lincoln and i, as members of the finance committee, joined together to increase the amount of the child tax credit and make it refundable so that they could still benefit from the credit. ultimately, the measure was enacted becoming the second refundable tax credit ever and in ensuring the child tax credit would exist with an additional 13 million more children and with 500,000 of them out of poverty. madam president, i also think about my friend, senator landrieu, sitting in the chamber roswell and how we formed the senate common ground coalition again to rekindle cross-party relations.
that companies that try to be innovative are not innovative. well, our technology leaders, the people who really inspired me, they were inspired by these wonderful things happening. i'm going to focus on a little period of time. as short as four years, maybe six or seven. it is that time that orville wright and his brother took off. the world realized -- they did not do that with photoshop. since that first flight, the people who had taken a flight could sit in that first wrote and only three of you would have taken a turn. we did not even have the internet. can you imagine? going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years of aerospace. who were the movers and shakers. the
-believe. the military has seen this so-called quantum stealth technology. it works by bending the light around an object, even concealing most of a person's shadow. imagine what that could do for a sniper, hiding in a field, or the american pilots who ejected over libya when their fighter jets crashed last year. >> they could actually pull out, very similar to what they carry with a survival blanket, throw it over top of them, and unless you walked right into them, you wouldn't know that they were there. >> reporter: so what was once firmly in the world of make-believe, could quickly become quite real. and the science is in the special fabric, so you don't need a power source or some instruction manual to make it work. theoretically, any soldier, even in the most remote location could quickly put it on and put it to work. chris lawrence, cnn, the pentagon. >>> this week, we're looking back at 2012's top stories. cnn's ali velshi and christine romans put together a review of the year's top ten business stories, and you're going to notice a pattern. with only a few exceptions, the year in politics heavily
been founded in cambridge it would be different because the technology founded where it happened. british is a u.s. business. the activity that happens in the u.k. even if you have to describe it as sales activity which is not exactly what the people do, we can still go and get that activity from the open market at the kind of cost that we're paying the u.k. >> fallout from all of that led to starbucks saying it would pay $20 million pounds. it aradio tributed to margaret hodges given the parliamentarian of the year award. now off to the house of lords where the government suffered a series of defeats in secret court hearings in civil cases. the government wanted the government to hear the evidence in what are closed closed material proceed rgs. which include the public, the media and even the american who brought the case. the intelligent services could be compromised. at the moment the government finds itself unable to defend some compensation claims for fear of blowing the government of secret agents or government sources. >> we are up next since the ter techniques and people.
the right investments in technology and education, making sure we do not cut the necessary programs to do the growth, you have to make that a priority. we will be able to grow with the global economy. manufacturing has already come back to some degree. i know that apple is moving a couple of production facilities back to the united states from china. the real key is making sure that we are continuing to invest in those kinds of investments. we should also realize that apple can produce the goods in china in a more cheap and efficient manner than here. because american consumers can get an ipod or and i from on a much discounted basis from what it would be if we tried to do it all here and if we do not spend money on the iphone sphere, that is a new industry of productivity. something that people have made much more of love in the united states than they would have if they simply manufactured those devices. it is just a question of keeping our workers educated and making sure we have advancements for the future. host: more on the continuing series, this is from "the new york times." host:
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